Larsen & Toubro (L&T) is one of India’s largest engineering and infrastructure companies, and traders and investors widely follow its stock. We can predict potential trend reversals, support and resistance levels, and key pressure dates using advanced Gann trading techniques. This article provides a detailed Gann-based stock analysis of L&T, helping traders make informed investment decisions. Whether you are a robotic trader using algorithms or a human investor relying on technical analysis, understanding Gann angles and price cycles can enhance your market insights.
Gann-Based Price Levels (As of 15-Mar-2025)
The stock price of L&T on 15th March 2025 is ₹3,187.00. Based on Gann’s methodology, the following support and resistance levels have been identified:
Resistance Levels:
- 45° Resistance-6: ₹3,710.00
- 360° Resistance-5: ₹3,610.00
- 315° Resistance-4: ₹3,520.00
- 270° Resistance-3: ₹3,430.00
- 225° Resistance-2: ₹3,340.00
- 180° Resistance-1: ₹3,250.00
Support Levels:
- 135° Support-1: ₹3,160.00
- 90° Support-2: ₹3,070.00
- 45° Support-3: ₹2,980.00
- 360° Support-4: ₹2,890.00
- 315° Support-5: ₹2,810.00
- 270° Support-6: ₹2,730.00
Analysis of Resistance and Support Levels
The Gann resistance and support levels indicate potential turning points in the stock price.
- If L&T’s price crosses ₹3,250, it may attempt to reach the next resistance levels of ₹3,340 and ₹3,430.
- If the price fails to sustain itself above ₹3,250, it may fall back towards the support levels of ₹3,160 and ₹3,070.
- A strong breakout above ₹3,710 can indicate further bullish momentum, whereas a breakdown below ₹2,730 could signal a strong bearish trend.
Upcoming Gann Pressure Dates for Trend Reversals
According to Gann’s pressure dates, the stock is likely to witness trend reversals or crucial price movements on the following dates:
- 24-Mar-2025 – Possible trend reversal or major movement.
- 9-Apr-2025 – A potential shift in price direction.
- 25-Apr-2025 – Critical resistance or support test.
- 11-May-2025 – Market reaction to key levels.
- 27-May-2025 – Possible short-term trend change.
- 12-Jun-2025: This is the key date to watch for confirmation.
- 29-Jun-2025 – A strong possibility of reversal.
- 16-Jul-2025 – A possible bottom formation.
- 2-Aug-2025 – Potential shift toward new trends.
- 19-Aug-2025 – Crucial decision point.
- 5-Sep-2025 – Resistance or support reaction.
- 22 Sep 2025 – Final confirmation of direction.
- 9-Oct-2025 – Possible long-term trend establishment.
Trading Strategy Based on Gann Analysis
- Bullish Strategy:
- If L&T trades above ₹3,250 and sustains, one can take long positions with a target of ₹3,340 and ₹3,430.
- A breakout above ₹3,710 can indicate strong bullish momentum.
- Bearish Strategy:
- If L&T falls below ₹3,160, a short position can be considered with a target of ₹3,070 and ₹2,980.
- If the stock trades below ₹2,730, it may indicate a long-term bearish trend.
- Reversal Trading Strategy:
- Observe Gann Pressure Dates for price reversal signals.
- If the stock price approaches a major resistance level near a pressure date, expect a potential downtrend.
- If the stock approaches a major support level near a pressure date, expect a potential uptrend.
Conclusion
Using Gann’s method, we can identify crucial price levels and dates where the stock may reverse or continue its trend. Traders should closely watch L&T’s price action near these levels and Gann Pressure Dates for trading opportunities.
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